Why America’s Leading Libertarian Is Endorsing Mitt Romney And Joining The GOP

Hello, I’m Wayne Allyn Root for PersonalLiberty.com. I have a major political announcement: the biggest one of my life. Before I tell you about the most important decision of my political life and a little about my personal story that led to this decision, let me first cut to the chase.

If Obama is re-elected on Nov. 6, America and capitalism both face grave danger. I believe America as we know it and love it, the America of our Founding Fathers, the America that embraces capitalism and offers the famous American Dream, the America represented by the U.S. Constitution, the America of freedom, the America that allows the pursuit of happiness — that America is finished. Gone. In the rearview mirror. I don’t believe we ever recover from another four years of Barack Obama.

As Obama’s college classmate at Columbia University, I’ve reported for four years now on his plan to overwhelm the U.S. economy and wipe out capitalism. It’s based on the strategy of two Columbia University professors, Cloward and Piven. Obama is following it to perfection. But he has only just begun. He’s actually tried to be reasonable for his first four years because his goal was to be re-elected, so he could finish the job. So he had to be moderate to hold his powder. To hold back from his true radical self.

If Obama is re-elected on Nov. 6, you haven’t seen anything yet. His gloves will be off. He will be free to be his real radical self. Without ever having to face voters again, Obama will truly wreck this economy from sea to shining sea — just as Saul Alinsky, Cloward and Piven, Barack Obama Sr., Frank Marshall, Reverend Jeremiah Wright, Bill Ayers, and a host of other radical, Marxist, American-haters taught him.

We will face a final economic Armageddon: the total collapse of the U.S. economy and our monetary system. Obama unleashed will send the IRS to crush his political opposition. He will appoint a majority of Supreme Court and Federal judges, so none of his violations of the Constitution will ever again be challenged. His policies will encourage radical Islamic and terrorist rogue states to threaten and eventually destroy Israel. He will finish his destruction — actually, extinction — of our domestic oil, coal, even natural gas industries, so we’ll become more dependent on these rogue terrorist nations who sell us their oil. And he will continue to weaken the U.S. military, so we will be unable to prevent it all from happening.

Have I got your attention now?

Here’s my personal story and my big announcement. It has been a whirlwind last five years in my life. I started out my journey as the antithesis of a politician. As a small businessman, “home-school” dad, Las Vegas oddsmaker and political newcomer running for the Libertarian Presidential nomination in 2007, you couldn’t find more of an anti-politician in all of politics.

But in America anything is possible. In this great country, never discount a long shot. I was elected the Libertarian Vice Presidential nominee in 2008. The Bob Barr/Wayne Root Presidential ticket went on to garner the second highest vote total in Libertarian history. I was then elected Chairman of the Libertarian National Campaign Committee and became the No. 1 vote-getter in the country for election to the Libertarian National Committee. Media across the country called me “Mr. Libertarian” in my 4,000 media appearances since 2008.

Today, after giving this many months of thought, I’m announcing the most important decision of my political career. I am stepping down from my roles in the Libertarian Party to rejoin the Republican Party and, most importantly, to elect Mitt Romney as President of the United States.

Why? First, let’s start with what I believe in. I believe in the limited government promised by the U.S. Constitution. I want government to get out of the way of small business owners like me, put fewer rules and regulations in our way, and allow us to keep more of our own money. I want government to remember that it’s our money in the first place. I want politicians to support and motivate the taxpayers, the private sector and small business — the economic engine of America. Small businesses create 75 percent of new jobs and pay most of the taxes in this country.

Under the Obama Administration, we have seen businessmen denigrated, demonized, punished, smothered by 60,000 new rules and regulations, threatened with massive new taxes, and attacked by the IRS. That’s why there are no jobs. That’s why, in my opinion, the economy is in free fall. That’s why America is facing economic collapse and disaster.

I’m a capitalist evangelist. I’m proud to be a small businessman. I love starting and running businesses. What matters now above all else — the issues that are of life-and-death importance to this country, the only issues that matter to 90 percent of Americans — are the economy, creating jobs, lowering spending, lowering the debt and deficit, reducing taxes, and saving capitalism. Because if the economy collapses or your personal economy collapses, what difference does any other issue matter? We need to get our fiscal house in order first, before we can deal with all the other problems. Without an economy, without jobs, nothing else matters. That’s why electing Mitt Romney is so important.

This election is not about Libertarian versus non-Libertarian. This election is about capitalism versus big government progressivism and Big Brother socialism. Mitt Romney believes in the same things I do: keeping businesses free from government intrusion; allowing small business owners to keep more of their own money; and rewarding instead of punishing investors, innovators and job creators. Mitt understands, as President Calvin Coolidge once said: “The business of America is business.”

Mitt understands that Obama’s rhetoric, constant threats against business, union favoritism, IRS intimidation, barrage of tax increases, 60,000 new rules and regulations, $5 trillion in new debt, the added taxes and regulations of Obamacare, and the attempt to ban oil drilling and regulate the coal industry out of existence, have collectively ground the U.S. economy to a halt.

If you don’t believe me, just look across the pond to Europe. They’ve been following Obama’s exact plan for decades. Their mantra was also big government, big unions, big spending, big taxes, big pensions, free healthcare, too many government employees and green energy. The result? Economic disaster on a grand scale. Specifically Greece, Italy and Spain are enduring a tragedy few can even comprehend. France is next. We are following the exact same path under Obama.

Is Mitt perfect? No. Sure, I’d rather have Ron Paul or Rand Paul or Jim DeMint running the economy. Those are principled, Tea Party, fiscal conservatives. And, of course, I’m a fan of Gary Johnson, the former New Mexico Governor and Libertarian nominee for President. But guess what? Wake up. Like it or not, the only candidates that will run this country for the next four years are Obama or Romney. And we cannot afford to give Obama four more years. Period.

The sad reality is that this is our last stand to save America. The defeat of Barack Obama is necessary to save the U.S. economy from complete collapse. We will not survive four more years of Obama as CEO of this economy. I can speak personally; I know my businesses will not survive another four years of Obama. The economy is in free fall here on Main Street. Small-business owners like me are seeing our entire life’s work melting away. Our children’s future is being destroyed before our very eyes.

Don’t believe me? You think things are getting better, as Obama and Clinton claimed at the Democratic Convention? Then you’re in a delusional land of fairy tales. The economy is in danger of complete collapse. Did you see the latest jobs report? Disaster. For every one American landing a job, four dropped off the job rolls. At this rate, we’ll all be unemployed. By the way, unemployment is up in nine of the 10 battleground States. Nine of 10. The 10th is even. Did you notice that sales tax revenues in California in July were down a staggering $530 million versus projections? That’s in one State for one month. Disaster. Did you notice that petroleum sales nationally in July were down to 1996 levels? Disaster. Are you aware that “help wanted” ads are down to levels not seen since the Lehman Brothers collapse in 2008 (when the entire financial system was on the verge of Armageddon). Of course, you didn’t. The mainstream media don’t cover bad news. It might embarrass Obama.

The U.S. economy is like a very large and diverse failing company in desperate need of a turnaround. What America needs at this moment in history is a turnaround specialist. Not a Libertarian. That’s not the issue right now. We need a leader who knows how to turn around a failing business. We need a job creator with major CEO experience, with specific business-turnaround success, a detailed understanding of economics, a creative and innovative business mind, and a track record of extraordinary success to lead this country back from the edge of the fiscal cliff. That person is Mitt Romney. If he could pull off miracles with Staples (and dozens of companies like it) and the 2002 Olympics (which he saved from an economic disaster similar to the situation America now faces), he can turn this Obama bust into the Romney boom economy.

As opposed to Barack Obama who is not now (nor was he ever) qualified to run a bodega or a Dairy Queen. The first new net job he creates as President will be the first job he’s created in his life. He was quick to take credit for 4.5 million jobs created at the Democratic Convention. But the Labor Department says job creation during Mr. Obama’s Presidency has been several hundred thousand at best — almost all of them, by the way, terrible, low-paying jobs replacing good, high-paying jobs. But here’s the most important fact left out of Obama’s speech, “Obama is on track to have the worst jobs record of any president since World War II,” says Washington Post Fact Checker Glenn Kessler. By the way, the Labor Department just revised the June and July jobs report down another 41,000 jobs from what was reported.

Do I agree with Mitt and the GOP on every issue? Of course not. No one ever agrees 100 percent on everything. But I’m willing to put my differences aside to set an example in order to take back our country from the grips of socialism and the abyss of economic ruin. There is no other choice. Our back is to the wall, and Obama’s defeat is that important to the survival of our country, our economy, our freedoms, our children’s future and, ultimately, capitalism itself.

It’s time for a coalition of Republicans, conservatives, Tea Party activists, Libertarians, Ron Paul supporters, small-business owners, homeowners, investors, patriots, Christians, Jews and Israel supporters to join together and support Mitt Romney now.

As Clint Eastwood said, “We own this nation.” It’s time to take it back. Our businesses and jobs depend on it. The future of America and our children depends on it. Their quality of life is hanging in the balance. This is our last stand.

Is there still hope? Can this Obama nightmare be turned around? Look no further than Ronald Reagan. Reagan’s policies turned a Jimmy Carter economic disaster (similar to Obama’s) into the greatest and longest economic boom in world history — leading to the creation of over 45 million net jobs (20 million of them in just a few years), over $60 trillion in private sector asset creation (amazing), and the greatest increase in GDP (Gross Domestic Product) in American history. Reagan’s “Great Bull Stock Market” created more wealth for America’s families than any boom ever.

Now I know some of you are saying the GOP is not the answer. I understand. I left the GOP in 2007 because I lost faith too. Far too often, the GOP has given only lip service to ideas and ideals like limited government, individual rights and the Constitution. Once elected, Republicans often ignore those ideas and grow government just like Democrats. Look at the spending and growth of government under George W. Bush. Look at the 25,000 new rules and regulations under Bush (far better than Obama, but still terrible). Look at the rising debt under Bush. This was precisely why I left the GOP in 2007: because the GOP left me.

But something has changed. With the birth and growth of the Tea Party, everything is now changing. The Tea Party represents me. I believe in the Tea Party. And I believe that with the right leader, the Tea Party can change the Republican Party — or certainly influence the GOP in a big way. I’m proud of U.S. Senate Tea Party Caucus leaders like Rand Paul, Jim DeMint, Mike Lee and Marco Rubio. I hope to join them one day, representing my home state of Nevada in the U.S. Senate. So, for the first time in a long while, I feel good about the GOP. And I’m happy to say I’m back. Like the Phillip Phillips song, I’m back “home.”

Because of my general agreement with Mitt Romney and Paul Ryan on important economic issues (not total agreement, but general agreement); and because the Tea Party will hold the GOP to their promises or we will start a firestorm and make their lives miserable and then in the next election, throw the bums out; and because of my deep understanding of what Obama intends to do to this economy and this country in a 2nd term, I am now all in. I will do everything in my power to help elect Mitt Romney as the next President of the United States.

Because I believe Mitt Romney is our Reagan. And I am proud to once again call myself a Republican: a Tea Party Republican. This is our chance, folks. This is our last stand. This is the future of our children. There just is no other choice. Our businesses are on the line. Our economic survival is on the line. Our Constitution is on the line. So I’ve chosen to put my money where my mouth is.

I’ve sacrificed everything I’ve worked so hard for, everything I’ve built in six years to rise to the top of the Libertarian Party. It’s time for all of us to put our differences aside and fight for this country, fight for capitalism, fight for economic freedom, fight for our children’s future. Obama’s re-election will bring it all down. We can’t let that happen. I won’t let that happen. Will you?

I’m Wayne Root for Personal Liberty. See you next week. Same time, same place. God Bless America.

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Wayne Allyn Root

Wayne Allyn Root is one of America's leading Libertarian-conservative authors. Wayne's new book is The Murder of the Middle ClassWayne is a Capitalist Evangelist, serial entrepreneur, conservative media commentator, and proud champion of the middle class. He is a former Libertarian vice presidential nominee and Fox News regular. Follow Wayne on Twitter and visit Wayne's web site: www.ROOTforAmerica.com

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